IMF has recently published a new book, Brazil: Boom, Bust, & Road to Recovery, on economic conditions, development, growth, and policy in Brazil:
“Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful. More fundamentally, it reflects longstanding structural weaknesses plaguing the economy, that also help explain Brazil’s uninspiring growth performance over the past four decades.”
The book is available here for consultation and download from the IMF eLibrary, with access facilitated by the WTO Library for WTO staff and library patrons.
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